High Point, FL Economy


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High Point, FL is a small town located in Florida's Panhandle region. It is known for its close proximity to the Gulf of Mexico, its small-town charm, and its numerous local businesses. Living in High Point can be quite affordable, as evidenced by the city's 2 bedroom rent being $1,370, which is lower than the national average of $1,430 for 2 bedroom rent. The Grocery Cost Index is also comparatively low at 104 versus 100 in the US. Local businesses provide residents with plenty of amenities such as restaurants, entertainment venues, shopping centers and much more. Some popular local companies include Johnathan's BBQ Express, Palmetto Pizza & Wings Co., and Lucky Strike Lanes bowling alley. With an affordable cost of living and plenty of local amenities High Point is an ideal place to live and visit!

High Point has an unemployment rate of 5.8%. The US average is 6.0%.

High Point has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 42.4%, which is higher than the US average of 33.5%.

Tax Rates for High Point
- The Sales Tax Rate for High Point is 6.5%. The US average is 7.3%.
- The Income Tax Rate for High Point is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for High Point
- The average income of a High Point resident is $19,483 a year. The US average is $28,555 a year.
- The Median household income of a High Point resident is $41,639 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHigh Point, FloridaUnited States
  5.86
  -4.4%-6.2%
  42.4%33.5%
  6.5%6.2%
  0.0%4.6%
  $26,061$37,638
  $41,639$69,021
  $56,273$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.0%6.8%
  3.7%10.0%
  1.8%2.5%
  7.8%11.0%
  3.8%4.8%
  0.9%0.8%
  0.0%1.9%
  3.4%4.7%
  5.5%1.9%
  17.8%7.6%
  0.0%0.1%
  2.0%4.2%
  5.9%9.3%
  29.4%14.0%
  0.0%2.1%
  5.3%7.0%
  2.3%4.8%
  2.6%4.7%
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